The Billionaire's Apprentice by Anita Raghavan audiobook

The Billionaire's Apprentice: The Rise of The Indian-American Elite and The Fall of The Galleon Hedge Fund

By Anita Raghavan
Read by Dan Woren

Business Plus 9781455504022
16.56 Hours • Unabridged
Format : Digital Download (In Stock)
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    ISBN: 9781619693586

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Just as WASPs, Irish-Catholics and Our Crowd Jews once made the ascent from immigrants to powerbrokers, it is now the Indian-American's turn. Citigroup, PepsiCo and Mastercard are just a handful of the Fortune 500 companies led by a group known as the "Twice Blessed." Yet little is known about how these Indian emigres (and children of emigres) rose through the ranks. Until now... The collapse of the Galleon Group--a hedge fund that managed more than $7 billion in assets--from criminal charges of insider trading was a sensational case that pitted prosecutor Preet Bharara, himself the son of Indian immigrants, against the best and brightest of the South Asian business community. At the center of the case was self-described King of Kings, Galleon's founder Raj Rajaratnam, a Sri-Lankan-born, Wharton-educated billionaire. But the most shocking allegation was that the éminence grise of Indian business, Rajat Gupta, was Rajaratnam's accomplice and mole. If not for Gupta's nose-to-the-grindstone rise to head up McKinsey & Co and a position on the Goldman Sachs board, men like Rajaratnam would have never made it to the top of America's moneyed elite. Author Anita Raghavan criss-crosses the globe from Wall Street boardrooms to Delhi's Indian Institute of Technology as she uncovers the secrets of this subculture--an incredible tale of triumph, temptation and tragedy.

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Summary

Summary

One of the New York Times Book Review 100 Notable Books of 2013

Just as WASPs, Irish-Catholics and Our Crowd Jews once made the ascent from immigrants to powerbrokers, it is now the Indian-American's turn. Citigroup, PepsiCo and Mastercard are just a handful of the Fortune 500 companies led by a group known as the "Twice Blessed." Yet little is known about how these Indian emigres (and children of emigres) rose through the ranks. Until now...

The collapse of the Galleon Group--a hedge fund that managed more than $7 billion in assets--from criminal charges of insider trading was a sensational case that pitted prosecutor Preet Bharara, himself the son of Indian immigrants, against the best and brightest of the South Asian business community. At the center of the case was self-described King of Kings, Galleon's founder Raj Rajaratnam, a Sri-Lankan-born, Wharton-educated billionaire. But the most shocking allegation was that the éminence grise of Indian business, Rajat Gupta, was Rajaratnam's accomplice and mole. If not for Gupta's nose-to-the-grindstone rise to head up McKinsey & Co and a position on the Goldman Sachs board, men like Rajaratnam would have never made it to the top of America's moneyed elite.

Author Anita Raghavan criss-crosses the globe from Wall Street boardrooms to Delhi's Indian Institute of Technology as she uncovers the secrets of this subculture--an incredible tale of triumph, temptation and tragedy.

Editorial Reviews

Editorial Reviews

“Anita Raghavan’s journalistic and writing skills come through on every page of The Billionaire’s Apprentice. I couldn’t put it down; it’s a true story that reads like a thriller.” —William D. Cohan, New York Times bestselling author of House of Cards
“Thanks to author Anita Raghavan’s intrepid reporting, The Billionaire’s Apprentice combines the drama of the federal government unraveling an insider-trading ring with the historical sweep of immigrants rising from nothing to the corridors of corporate power.” —Bethany McLean, co-author of the New York Times bestseller All the Devils Are Here
“The Billionaire’s Apprentice is that rare work of nonfiction that follows an ambitious hero as he climbs to the pinnacle of power inside the top boardrooms of corporate America, gets seduced, and falls in a spectacular insider-trading scandal. This is a modern-day Greek tragedy that plays out among the upper echelons of Wall Street, Silicon Valley, and the global business elite. Doggedly reported and utterly compelling.” —Bryan Burrough, New York Times bestselling author of The Big Rich
“Through meticulous research, copious history, vivid characters, and entertaining prose, Raghavan weaves together many different worlds, eras, and personality types to deliver a compelling view of the multicultural politics of today’s Wall Street.” —Huffington Post
“Anita Raghavan’s The Billionaire’s Apprentice, [is] a riveting account of the takedown of Raj Rajaratnam…[Ms. Raghavan] has written a briskly paced account full of fascinating detail…This book deserves to be on the shelf of anyone lusting after a little Wall Street schadenfreude this summer.” —Wall Street Journal
“Riveting.” —Bloomberg News
“The best form of journalism, an early draft of history.” —New York Times Book Review
“[A] deeply researched, fascinating, and well-written book.” —Financial Times (United Kingdom)
“In The Billionaire’s Apprentice, Raghavan provides readers with the best account yet of Rajaratnam and his Indian American ‘mafia’—who they were, what they did, and how they did it. —Washington Post
“Raghavan excels with her account…She provides an insightful account of South Asian immigration to the US since the 1960s and shows how relations established in India’s elite education system provided some of the ties that bound the conspirators together.” —Kirkus Reviews

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Author

Author Bio: Anita Raghavan

Author Bio: Anita Raghavan

Anita Raghavan was born in Malaysia but came to the United States in 1970. A graduate of the University of Pennsylvania, she spent eighteen years at the Wall Street Journal where she won the Overseas Press Club award for her coverage of the mergers and acquisition boom in Europe, and the New York Press Club award for her reporting on the the near death of the hedge fund Long-Term Capital. In 2008, she became the London Bureau Chief for Forbes. Currently she is a contributor to New York Times Dealbook and Forbes. 

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Details

Details

Available Formats : Digital Download
Category: Nonfiction
Runtime: 16.56
Audience: Adult
Language: English

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